The SREC as such is traded separately and denotes the "solar" impact on the electricity generated. In such cases, the SRECs cannot be divided and sold individually. With the credit crunch hitting an all time high, along with redundancy and unemployment, corporate teams are being restructured and employees are moving department, city and in some cases even country to keep their jobs.
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A solar renewable energy system in Massachusetts that has 10kW solar capacity can generate approximately 12 SRECs/ year. Motivation is at an all time low as people watch their friends and colleagues relocated or worse still, be made redundant; it is a very stressful time.
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This is what pushes the value of SRECs higher than all other RECs. As in any market, the price of the SREC is calculated by the economic forces of demand and supply. It has set a reference point for solar in the form of a percentage of entire electricity sold or as SRECs produced in a year or a fixed capacity target in megawatts (MW) or.
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The best way to do this is by having a well oiled machine i. Secondly, it allows the generating facility to directly own and trade the SRECs. Following these advice can help you find either. It sets out a specific RPS solar carve-out that aids in stimulating demand and values solar power higher than all other renewable sources.
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